TITLE:
Study on Financial Management Innovation and Currency Policy
AUTHORS:
Xingang Wang, Shangzhi Yue
KEYWORDS:
Financial Innovation; Monetary Policy; Exchange Rate
JOURNAL NAME:
iBusiness,
Vol.5 No.3B,
November
8,
2013
ABSTRACT: The thesis analyzes the role of transform risks caused
by innovation tools, the
extent to which financial innovation tools have an influence on risks of
financial system, the
extent to which financial innovation has an influence on financial statement
and macro monetary policy, the extent to which financial innovation exerts influences on
classification of monetary, government’s requirement for monetary, the degree to which financial
innovation exerts an influence on control of money supply. This thesis studies the alternative
and significance of monetary aggregates, a new perspective of financial
innovation and general money supply. Financial innovation can enhance the efficiency of the whole financial
market and proactively promote economic development. Financial innovation is
charactered by anteriority and financing, also can erase inflation.